TH International (Tims China) (THCH)

Net assets on the balance sheet as of September 2024 : -S$0.14 Billion

According to TH International (Tims China)'s latest financial reports the company has -S$0.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TH International (Tims China) - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$78.93 Million	-468.12%
2022-12-31	$S$21.44 M	-70.2%
2021-12-31	$S$71.94 M	-18.1%
2020-12-31	$S$87.83 M

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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TH International (Tims China) (THCH) - Net assets